ANEW
Venture design unites technology, business, and design into a holistic framework for value creation. This section contains highlights of my graduate thesis work for the MBA in Design Strategy program at California College of the Arts.
Thesis Context: Fostering Innovation and harnessing value
The future is TBD: technology, business, and design. The venture thesis demonstrates how to use the tools of TBD to manage today’s fluid, interconnected markets and ecosystems. For this hands-on application of venture design, the team cultivated an idea, analyzed product market fit and competitive positioning, and developed an integrated narrative on value creation.
The team created ANEW, a scalable online service that matches customers with garment experts to creatively rework clothing.
Process highlights
Design Research, Business Model Design, Digital Prototyping, Brand Identity, Mobile App, Production, Financial Modelling, Retail Pop-up Pilot
building a business model for conscious consumers
Challenge
The team rallied behind a common passion to frame our challenge: design a scalable business model for a production system that solves an unmet customer need and creates positive environmental impact.
The team decided to address waste in the fashion industry through the creation of a system that utilizes excess tailoring capacity.
Solution
“What can I do with this piece of clothing that I can’t bear to throw away, but can’t wear?”
ANEW is a scalable solution for reworking clothing you already own.
Research revealed that there is no effortless solution to revitalize one’s wardrobe that allows customers to feel good about what they have.
The team created an online service matching designers, tailors, and customers to creatively rework clothing. Through an easy to use online platform, ANEW serves up a variety of options to refresh and rework dated or damaged clothes.
Discovery
Consumers today do not have options for maintaining and restoring favorite pieces when the fix is more complex than what simple tailoring can provide, or harder to imagine than a simple hem. Many end up putting these seemingly-ruined items in the back of their closet, waiting — and hoping — to someday have access to a fix. Often triggered by a move, these items are eventually thrown out in desperation.
User research
Quantitative and qualitative research revealed trends, habits, and hacks of different customer segments. Beyond purchasing habits, we were curious to understand the emotions and meaning that customers associate with their wardrobes. We created a micro pilot experiment to learn more about what unworn clothing people were holding onto and why.
micro pilot
Participants sent in their clothing to us and our designers mocked up new designs to revive their beloved garments.
Pricing
We tested and validated pricing structures. This included experimenting with how a deposit prior to purchase would impact customer behavior and financial feasibility.
the app
An ANEW designer provides each customer with three proposals for their garment for the customer to choose from in the app. Each proposal is priced according to its complexity; once a selection is made, our on-site team of contract tailors get to work making the selected vision a reality, returning garments back within a few weeks.
ANEW’s app maintains low-touch connection with the customer to deliver a convenient and customized experience. The garment designs and style preferences collected throughout the process allows ANEW to build a digital inventory that can be later used to serve a broader audience with personalized garment designs.
business model evolution
The business model evolved as a result of testing pricing structures and logistics. Using forecasting tools, we mapped out how the business model would change in a variety of future scenarios. We modelled the expansion of our revenue streams to include a subscription membership program, and how that would impact channels and customer relationships. We explored how building a robust technology platform to automate our operations would position ANEW to sell its internal technology systems to other companies, making ourselves an appealing acquisition for major tech companies like Amazon.
Live prototyping
We prototyped the production system in stages with seamstresses, tailors, and fashion designers to determine turn around times for design mock-ups, quotes, and production.
logistics
Customers mail items to ANEW’s facility where they are reworked and returned within a few weeks.
Production
The results of our live prototypes helped us identify our garment production thresholds for marketing and production expansion.
Brand identity
Developing a brand identity involved envisioning customer relationship touch points and brand presence. How will the brand resonate today and with ANEW customers in the future?
Retail Pop-up
The marketing plan included bringing ANEW to consumers through a pop-up and influencer-based strategy; our research indicated this method would resonate with our authenticity-seeking audience.
Showcase
We created a retail pop-up experience to share our business concept with potential customers, partners, and investors.
the dream team
My roles on the Dream Team included research synthesis maestro, business strategy lead, and design operations manager - I made sure we got it done!